Sky News - BUSINESS

 

Builders' merchant Travis Perkins makes room for Chambers



News June 26, 2017


Sky News has learnt that Stuart Chambers has been picked to replace‎ Robert Walker, who has chaired the FTSE-250 company for the last seven years.An announcement is expected to be made confirming Mr Chambers' appointment on Tues...

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Hedge fund giant Anchorage to back £700m Co-op Bank rescue deal



News June 26, 2017


Confirming a report by Sky News, the Co-op Bank said on Monday morning that it was on the verge of finalising an agreement that would end months of uncertainty about its future.The Bank also confirmed that it had terminated talks ...

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Watchstone to name new boss as £600m lawsuit looms



News June 26, 2017


Sky News understands that‎ Stefan Borson will replace Indro Mukerjee as the chief executive of Watchstone Group - previously known as Quindell - at the end of the year.The management handover at Watchstone, which specialises in ...

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Withdrawal symptoms: 50 years of the cashpoint



News June 26, 2017


:: The first ATM was unveiled at a branch of Barclays in Enfield in north London on 27 June 1967.:: Actor Reg Varney, star of TV sitcom On The Buses, was the first person to use the new machine.:: As of 2015 there were 70,270 cash...

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Nestle faces down activist investor's list of demands



News June 26, 2017


Activist investors, specialists who take big shareholdings in companies and then agitate for change at them, are nothing new.The likes of Carl Icahn, Bill Ackman and Nelson Peltz have been household names for years.What has change...

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